Glencore plc (OTCMKTS:GLCNF – Get Free Report) saw a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 3,954,300 shares, an increase of 26.0% from the February 13th total of 3,138,700 shares. Based on an average daily volume of 62,800 shares, the days-to-cover ratio is currently 63.0 days.
Glencore Stock Up 3.7 %
Shares of GLCNF stock traded up $0.15 during trading on Monday, reaching $4.23. The company had a trading volume of 189,640 shares, compared to its average volume of 37,669. The firm’s 50 day simple moving average is $4.33 and its two-hundred day simple moving average is $4.77. Glencore has a one year low of $3.96 and a one year high of $6.40.
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